International trade in services in Iceland
Iceland: International trade in services was 1,762 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services in Iceland, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
Iceland recorded 1,762 Euros, exchange rate converted for international trade in services in 2024.
That represents a change of down 2.1% on the previous year and up 811.5% over ten years.
Over the whole period, international trade in services in Iceland peaked at 1,800 Euros, exchange rate converted in 2023 and was at its lowest, 108.4 Euros, exchange rate converted, in 2013.
That places Iceland 10th out of 21 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 828.87 Euros, exchange rate converted | 108.4 Euros, exchange rate converted | 1,456 Euros, exchange rate converted | 7 |
| 2020s | 1,194 Euros, exchange rate converted | 311.4 Euros, exchange rate converted | 1,800 Euros, exchange rate converted | 5 |
Countries ranked near Iceland
- 7 Italy 4,712 Euros, exchange rate converted compare
- 8 Czechia 2,204 Euros, exchange rate converted compare
- 9 Romania 2,173 Euros, exchange rate converted compare
- 11 Hungary 1,744 Euros, exchange rate converted compare
- 12 Finland 1,577 Euros, exchange rate converted compare
- 13 Sweden 1,064 Euros, exchange rate converted compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 5.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1006 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 9,894 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 171.46 (2025)
Frequently asked questions
- What is international trade in services in Iceland?
- International trade in services in Iceland was 1,762 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services recorded in Iceland?
- The highest recorded value was 1,800 Euros, exchange rate converted in 2023.
- What is the lowest international trade in services recorded in Iceland?
- The lowest recorded value was 108.4 Euros, exchange rate converted in 2013.
- How does Iceland rank for international trade in services?
- Iceland ranks 10th out of 21 countries with data for 2024.
- Is international trade in services rising or falling in Iceland?
- Over the last ten years it is up 811.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd